Yep, there is indeed a movement in developed countries to become cashless. It’s well underway in the EU. Started with negative interest rates. Then, being this significantly reduces motivation to utilize banks the counter to that was elimination of large denomination bills. Makes cash hoarding more troublesome if one has only small bills available. If the Fed and large US banks get their way it will happen here too. Motivation? Increased ability to monitor you in a cashless society - meaning ability to control you. Gotta live our government. Always looking out for us, lol !
Oh it’s worse then that. In a cashless society if they decide on a new “ tax” or “bail in” you have no way to avoid it.....